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Jordan outstanding guaranteed portfolio value reaches JD64.6m in 2014

AMMAN: Jordan Loan Guarantee Corporation (JLGC) seemed to gaining momentum as they were in high demand last year. According to the JLGC’s 21st annual report, the outstanding guaranteed portfolio at the end of 2014 was valued at JD64.6 million spread over 3,599 credits. At the end of 2013, the guaranteed value was JD59.1 million spread over 3,306 credits. Of the ... Read More »

Kh Asif sheds light on Chinese investment, projects

ISLAMABAD: Federal Minister for Water and Power Khawaja Asif said that China intends to invest 34 billion dollars in Pakistan as Foreign Direct Investment (FDI) and not as a loan. “Chinese companies aim to invest $34 billion in different projects, while Chinese banks EXIM and China Development Bank would finance these companies,” Asif said while addressing a press conference called ... Read More »